Russia

Market Information

Capital

Moscow

Languages

Russian, English

Population (as of September, 2021)

146,008,058

Territory

17,130,000 km²

Currency

Russian ruble (RUB)

GDP

$4,133 billion (2020)

GDP growth (2020)

-3%

GDP structure

agriculture: 5%
industry: 32%
services: 62%

Leading exports

China: 13.4%
the Netherlands: 10.4%
Germany: 6.57%
Belarus: 5.08%
Turkey: 4.95%
South Korea: 3.83%
Italy: 3.36%
Kazakhstan: 3.34%
the UK: 3.11%
the USA: 3.09%

Key industries

oil and gas
mining
processing of precious stones and metals
aircraft construction
rocket and space production
nuclear industry
production of weapons and military equipment
electrical engineering
pulp and paper industry
automotive industry
transport
road and agricultural mechanical engineering
light and food industries

Leading imports

2020
the EU: 44.8%
Asia: 44.3%
North America 6.5%
Latin America (excluding Mexico but including the Caribbean): 2.7%
Africa: 1.1%
Australia and Oceania: 0.4%

Industrial Centre

Moscow
St. Petersburg
Surgut
Nizhnevartovsk
Omsk
Permian
Ufa
Norilsk
Chelyabinsk

Unemployment level

2021 г.
4.8%

Corruption Perceptions Index

30 (2021)

Easy to do business with

28th place out of 190 (2020)

Economic freedom

92nd place

International agreements

Membership in the Customs Union

since 2010

Free trade zones

39 SEZs (Special Economic Zones):

20 industrial and production
7 technical and innovative
10 tourist and recreational
and 2 ports.

For 15 years of work, more than 900 residents have been registered in the SEZs, of which more than 140 companies with foreign capital from 42 countries. Over these years, the total volume of declared investments amounted to more than 1.17 trillion rubles, investments made - more than RUB 560 billion, working places created - more than 44.6 thousand , about RUB 194 billion were paid in tax payments, customs deductions and insurance premiums.

Russia

Moscow

House of German Economy, 1-y Kazachiy per. 7, Moscow, 119017, Russia

Tel.: +49 30 615089-28
Fax: +49 30 615089-28
info@schneider-group.com

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